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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (13502)8/12/2001 2:55:43 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 18137
 
Ray,

There's a balance that needs to be struck between taking advantage of the credulousness of the retail patzer and killing the goose that is laying the golden eggs for the Wall Street crowd.

It was that sort of thinking that convinced me that the end of the bubble was going to be a long term oscillation in the lower half range between the March 2000 highs and the initial April 2000 low, with COMPX dancing between 3000 and 4000 for a decade. Imagine my surprise (and lots of other folks) when 3000 gave way, never to be seen since. Perhaps we give the "crowd" too much credit for being able to control the beast they created. I won't defend the "they" the last statement. I know "they" needed the participation of the patzers to do it, but ...<ggg>

Dan



To: Raymond Duray who wrote (13502)8/12/2001 8:20:22 PM
From: hypostomus  Read Replies (2) | Respond to of 18137
 
The way the tea leaves swirl in my cup suggests a nice rally coming. That may cure a world of ills. IMO the return of momentum will sweep away many suggestions of manipulation. That seems to me already to be clear in the small- to mid-caps I've been forced to play recently. BWDIK means?